Frequently Asked Questions

The accreditation process is separate to the IMS training program.  They are, however, VERY closely aligned so that the training will allow you to be better prepared for accreditation. The accreditation process is outlined here https://www.dtf.vic.gov.au/investment-management-standard/investment-management-facilitator-training-and-accreditation

Accreditation will be granted when:

• at least three ILMs have been received, with two being of the required standard;
• investor feedback indicates the established approach is being followed; and
• Investment Management team has reviewed all submissions and deemed them satisfactory.
   

Technically you do not have to be accredited to facilitate a Problem Definition/ILM workshop. However,  in many instances organisations will make a decision that they require an accredited facilitator for more complex investments or those going through  the full business case process.  For smaller or less complex investments organisations may feel that someone who has completed training is a suitable option or even someone who has simply read the materials. The skills required to facilitate a Problem Definition workshop well are much better developed if the facilitator is accredited and has done the training.  Training helps to maintain the integrity of the workshop conversation and the outputs of each workshop.

Many people look to work with internal colleagues/customers on internal business challenges and  less complex investments as they develop their skills and build experience.  Similarly, community groups e.g. Tennis Club or Kindergarten committee are often happy to take advantage of the IMS process even if the facilitator is not fully accredited.  This provides you with the opportunity to build a selection of workshops and ILMs that might be suitable for submission 

To remain accredited when the 12-month accreditation period expires, facilitators must submit at least one investment logic map (ILM), ILM quality assessment form and the facilitator feedback form, within the three months of accreditation lapsing.

These documents will be assessed with written and verbal feedback provided by the facilitator accreditation provider Innox Solutions (Eldar Salkovic). Subject to the quality of the documents, additional examples may be required.

If your documents demonstrate that the standard of an accredited facilitator has been met, accreditation will be granted by DTF for a further 12 months.
If these steps are not satisfactorily completed, your name and consultant profile will be removed from the accredited facilitator website.
 

Typically the accreditation process involves 3 or 4 submissions at a cost of $350 (ex GST) per submission.

Typically accreditation takes between 3-6 months depending on your progress and access to suitable workshops to develop Investment Logic Maps for submission.